DORCHESTER MINERALS LP DMLP
COM UNIT · MLP · CUSIP 25820R105
- SectorEnergy
- IndustryCrude Petroleum & Natural Gas
- HeadquartersDallas, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $31.83. Options: 5 managers hold calls ($6.2m notional), 5 hold puts ($2.5m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 88 |
| Q4 2022 | 110 |
| Q1 2023 | 107 |
| Q2 2023 | 114 |
| Q3 2023 | 113 |
| Q4 2023 | 115 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 45 | 24 |
| Q1 2023 | 38 | 43 |
| Q2 2023 | 40 | 31 |
| Q3 2023 | 40 | 34 |
| Q4 2023 | 39 | 38 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $11.3m | $4.1m | 0.36 |
| Q2 2023 | $8.2m | $1.8m | 0.22 |
| Q3 2023 | $9.8m | $2.0m | 0.21 |
| Q4 2023 | $6.2m | $2.5m | 0.40 |
Biggest buyers
| MORGAN STANLEY | Added | +700.1k |
| Greenwich Investment Management, Inc. | Added | +37.0k |
| ING GROEP NV | Added | +32.0k |
| Requisite Capital Management, LLC | New | +28.0k |
| Autumn Glory Partners, LLC | Added | +20.0k |
| JPMORGAN CHASE & CO | Added | +18.2k |
| Beacon Pointe Advisors, LLC | Added | +17.4k |
| Texas Yale Capital Corp. | Added | +17.3k |
| Fort Sheridan Advisors LLC | New | +12.5k |
| HWG Holdings LP | New | +10.0k |
Biggest sellers
| GOLDMAN SACHS GROUP INC | Reduced | -93.4k |
| ROYCE & ASSOCIATES LP | Reduced | -71.5k |
| HORIZON KINETICS ASSET MANAGEMENT LLC | Reduced | -56.0k |
| NATIXIS | Reduced | -53.2k |
| HRT FINANCIAL LP | Reduced | -31.7k |
| CITADEL ADVISORS LLC | Reduced | -27.6k |
| Atlas Private Wealth Advisors | Sold out | -27.4k |
| UBS Group AG | Reduced | -25.3k |
| TRUST CO OF VERMONT | Sold out | -11.4k |
| JANE STREET GROUP, LLC | Sold out | -7.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.5m142.2k shares |
| CITADEL ADVISORS LLC | Reduced | $1.3m41.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $302.0k9.5k shares |
| GROUP ONE TRADING LLC | Reduced | $15.9k500 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $1.3m40.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.0m32.5k shares |
| SIMPLEX TRADING, LLC | Added | $101.0k3.2k shares |
| GROUP ONE TRADING LLC | Reduced | $38.2k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: DAVIDSON KEMPNER CAPITAL MANAGEMENT LP (2.8%, 2026-05-14)
Insider purchases and sales in Q4 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 2 | $91.0k | 0 | — | — |
| Q2 2022 | 1 | $34.1k | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 2 | $100.4k | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 2 | $350.1k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-12-26 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $157.0k4.9k shares |
| 2023-12-22 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $191.2k6.0k shares |
| 2023-12-21 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $79.8k2.5k shares |
| 2023-12-20 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $473.0k15.0k shares |
| 2023-12-19 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $196.7k6.3k shares |
| 2023-11-10 | MORIYAMA LESLIE A Chief Financial Officer | Bought | $225.3k8.0k shares |
| 2023-11-10 | EHRMAN BRADLEY J Chief Executive Officer | Bought | $124.8k4.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $41.8m | Added +700.1k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.61% of their portfolio | 907.1k $28.9m | Reduced -56.0k |
| Adams Asset Advisors, LLC 2.69% of their portfolio | 628.2k $20.0m | Reduced -4.5k |
| ROYCE & ASSOCIATES LP 0.16% of their portfolio | 560.5k $17.8m | Reduced -71.5k |
| ArchPoint Investors 7.23% of their portfolio | 545.8k $17.4m | Unchanged |
| Greenwich Investment Management, Inc. 12.71% of their portfolio | 532.1k $16.9m | Added +37.0k |
| Meixler Investment Management, Ltd. 11.63% of their portfolio | 437.3k $13.9m | Reduced -1.1k |
| Kingsview Wealth Management, LLC 0.30% of their portfolio | 317.2k $10.1m | Reduced -7.8k |
| Delta Investment Management, LLC 2.39% of their portfolio | 302.3k $9.6m | Added +7 |
| NATIXIS 0.06% of their portfolio | 243.2k $7.7m | Reduced -53.2k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 165.5k $5.3m | Added +1.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 154.9k $4.9m | Reduced -150 |
| ING GROEP NV 0.03% of their portfolio | 121.0k $3.9m | Added +32.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 94.0k $3.0m | Reduced -93.4k |
| EVERETT HARRIS & CO /CA/ 0.04% of their portfolio | 87.1k $2.8m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 82.0k $2.6m | Added +2.8k |
| Moors & Cabot, Inc. 0.16% of their portfolio | 80.0k $2.5m | Added +113 |
| Concorde Financial Corp 1.60% of their portfolio | 73.4k $2.3m | Reduced -5.0k |
| Edge Capital Group, LLC 0.12% of their portfolio | 70.0k $2.2m | Unchanged |
| Independent Advisor Alliance 0.08% of their portfolio | 67.1k $2.1m | Reduced -1.7k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 66.2k $2.1m | Reduced -27.6k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 55.7k $1.8m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 54.8k $1.7m | Added +3.6k |
| Mraz, Amerine & Associates, Inc. 0.35% of their portfolio | 53.0k $1.7m | Reduced -300 |
| MCDANIEL TERRY & CO 0.16% of their portfolio | 52.4k $1.7m | Unchanged |
| Community Bank, N.A. 0.21% of their portfolio | 50.5k $1.6m | Unchanged |
| Texas Yale Capital Corp. 0.07% of their portfolio | 48.6k $1.5m | Added +17.3k |
| O'Brien Greene & Co. Inc 0.53% of their portfolio | 47.2k $1.5m | Unchanged |
| GraniteShares Advisors LLC 1.33% of their portfolio | 46.4k $1.5m | Reduced -1.6k |
| HRT FINANCIAL LP 0.01% of their portfolio | 41.7k $1.3m | Reduced -31.7k |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 0.23% of their portfolio | 40.4k $1.3m | Unchanged |
| Autumn Glory Partners, LLC 0.73% of their portfolio | 40.0k $1.3m | Added +20.0k |
| Quantum Portfolio Management LLC 0.79% of their portfolio | 39.5k $1.3m | First filing |
| Beacon Pointe Advisors, LLC 0.01% of their portfolio | 35.0k $1.1m | Added +17.4k |
| HOWARD FINANCIAL SERVICES, LTD. 0.21% of their portfolio | 34.1k $1.1m | Reduced -296 |
| Inscription Capital, LLC 0.29% of their portfolio | 33.5k $1.1m | Unchanged |
| Towerpoint Wealth, LLC 0.51% of their portfolio | 29.4k $936.9k | Added +847 |
| ALBERT D MASON INC 0.60% of their portfolio | 28.3k $902.0k | Unchanged |
| Requisite Capital Management, LLC 0.23% of their portfolio | 28.0k $891.2k | New |
| UBS Group AG 0.00% of their portfolio | 26.6k $847.6k | Reduced -25.3k |
| GSA CAPITAL PARTNERS LLP 0.07% of their portfolio | 26.0k $826.0k | Added +8.2k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 23.7k $754.6k | Added +207 |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 22.6k $720.0k | Added +439 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 22.6k $719.6k | Added +913 |
| Northside Capital Management, LLC 0.22% of their portfolio | 22.5k $717.2k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 22.3k $712.0k | Added +3.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 22.2k $707.0k | Reduced -4.4k |
| Lee Financial Co 0.12% of their portfolio | 21.3k $677.1k | Unchanged |
| BBR PARTNERS, LLC 0.06% of their portfolio | 19.5k $619.3k | Unchanged |
| PENN DAVIS MCFARLAND INC 0.10% of their portfolio | 18.9k $601.0k | Reduced -200 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 18.4k $584.9k | Reduced -1.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 18.3k $583.8k | Added +18.2k |
| Freestone Capital Holdings, LLC 0.02% of their portfolio | 16.5k $525.2k | Unchanged |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 15.7k $499.7k | Unchanged |
| Penbrook Management LLC 0.32% of their portfolio | 15.1k $479.0k | Added +1.1k |
| Clare Market Investments LLC 0.16% of their portfolio | 14.5k $461.5k | Added +5.0k |
| HUB Investment Partners, LLC 0.03% of their portfolio | 14.1k $449.9k | Added +6.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 13.3k $423.9k | Added +4.0k |
| Samalin Investment Counsel, LLC 0.20% of their portfolio | 12.6k $401.8k | Added +4.9k |
| Fort Sheridan Advisors LLC 0.08% of their portfolio | 12.5k $396.9k | New |
| Templeton & Phillips Capital Management, LLC 0.40% of their portfolio | 12.5k $396.4k | Unchanged |
| PEAPACK GLADSTONE FINANCIAL CORP 0.01% of their portfolio | 11.8k $376.0k | Reduced -3.6k |
| N.E.W. Advisory Services LLC 0.04% of their portfolio | 11.6k $369.2k | Unchanged |
| Creative Planning 0.00% of their portfolio | 11.5k $364.9k | Added +50 |
| Fiduciary Trust Co 0.01% of their portfolio | 11.2k $358.1k | Unchanged |
| Essex Financial Services, Inc. 0.04% of their portfolio | 11.2k $357.9k | Unchanged |
| ALPS ADVISORS INC 0.00% of their portfolio | 11.1k $353.4k | Reduced -791 |
| HWG Holdings LP 0.15% of their portfolio | 10.0k $318.3k | New |
| INGALLS & SNYDER LLC 0.01% of their portfolio | 9.4k $299.0k | Unchanged |
| OneDigital Investment Advisors LLC 0.00% of their portfolio | 8.9k $284.5k | Added +1.2k |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio | 8.7k $276.9k | Reduced -675 |
| BAKER TILLY WEALTH MANAGEMENT, LLC 0.04% of their portfolio | 8.5k $270.6k | Unchanged |
| Pathstone Holdings, LLC 0.00% of their portfolio | 8.5k $269.9k | First filing |
| Choate Investment Advisors 0.01% of their portfolio | 8.4k $267.9k | Unchanged |
| Kovack Advisors, Inc. 0.03% of their portfolio | 8.0k $255.4k | Added +525 |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 8.0k $254.0k | Added +334 |
| EIGHT 31 FINANCIAL, LLC 0.15% of their portfolio | 7.8k $249.7k | First filing |
| ROBOTTI ROBERT 0.03% of their portfolio | 7.5k $239.5k | Unchanged |
| Jump Financial, LLC 0.01% of their portfolio | 7.5k $238.7k | Reduced -3.2k |
| Clarity Financial LLC 0.04% of their portfolio | 7.5k $238.1k | Reduced -1.9k |
| Private Advisory Group LLC 0.04% of their portfolio | 7.5k $237.7k | Reduced -3.7k |
| S&T Bank/PA 0.04% of their portfolio | 7.3k $232.0k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 7.2k $229.5k | Reduced -6.0k |
| Mariner, LLC 0.00% of their portfolio | 7.1k $224.7k | New |
| VIRTUS ADVISERS, LLC 0.14% of their portfolio | 7.0k $223.7k | Added +215 |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 7.0k $222.8k | Unchanged |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 6.5k $207.0k | New |
| Geneos Wealth Management Inc. 0.01% of their portfolio | 4.7k $149.1k | Reduced -665 |
| CHILTON CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 4.2k $133.7k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 4.0k $127.1k | Added +1.3k |
| SIGNATUREFD, LLC 0.00% of their portfolio | 3.6k $115.6k | Added +3 |
| Arlington Trust Co LLC 0.03% of their portfolio | 3.4k $108.2k | New |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 3.3k $104.8k | Reduced -6.2k |
| First PREMIER Bank 0.02% of their portfolio | 2.2k $70.0k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 2.0k $63.7k | Unchanged |
| HM PAYSON & CO 0.00% of their portfolio | 1.5k $48.8k | Unchanged |
| PIN OAK INVESTMENT ADVISORS INC 0.05% of their portfolio | 1.4k $46.0k | Unchanged |
| Sandy Spring Bank 0.00% of their portfolio | 1.2k $38.2k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.1k $34.0k | Added +754 |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 1.1k $33.8k | Reduced -23 |